Business

The New York Shipping Exchange, founded in 2015 by a former industry executive to make the container shipping market more efficient, is raising another $15 million to expand contracts that can help protect companies’ supply chains from price hikes and other uncertainties.

UPS Inc. started delivering coronavirus vaccines with the use of drones as part of a new initiative announced Aug. 24.

Phillips Industries announced it released its QWIK-Clamp for charging cables with an insert designed for single or dual pole applications.

NEW YORK — Walmart said Aug. 24 it will start farming out its delivery service, using contract workers, autonomous vehicles and other means to transport rival retailers’ products directly to their customers’ homes in as little as a few hours.

Alphabet Inc.’s Waymo will offer rides in its autonomous vehicles to select passengers in San Francisco, marking its second launch of a taxi service and a hint of the company’s commercial ambitions.

Flooding from Tropical Storm Henri may cause as much as $4 billion in losses after drenching the Northeast with record rainfall.

On August 10, the Senate passed the Infrastructure Investment and Jobs Act and it now moves to the House for consideration. The passage of the bill would mean new funding for surface transportation programs, including the greatest investment in the nation's bridges since the formation of the Interstate Highway System.

Health and safety will be a top priority at American Trucking Associations’ Technology & Maintenance Council’s Fall Meeting & Transportation Technology Exhibition.

Truck tonnage in July declined 2.9% when measured against the same month in 2020, according to American Trucking Associations’ For-Hire Truck Tonnage Index.

LONDON — McDonald’s says it has pulled milkshakes from the menu in all 1,250 of its British restaurants because of supply problems stemming from a shortage of truck drivers.